Ling Yue Service Group (02165) announced that on April 8, 2026, Hui Chen Jing Yue, a wholly-owned subsidiary of the company, entered into a capital injection agreement with Xing Sheng Hua Shang and the target company, Chengdu Rui Hao Real Estate Co., Ltd. Under the agreement, Hui Chen Jing Yue has agreed to subscribe to RMB 4 million of the target company's registered capital. Additionally, Hui Chen Jing Yue is required to repay a project advance payment of RMB 58.7321 million to Xing Sheng Hua Shang and contribute RMB 26.0445 million toward the Rui Hao loan. Following the completion of the capital injection, the target company's registered capital will increase by RMB 6 million to RMB 16 million. Xing Sheng Hua Shang will hold a 75% stake in the target company, while Hui Chen Jing Yue will hold a 25% stake. The target company is currently wholly owned by Xing Sheng Hua Shang. As of the date of this announcement, the target company holds a project for development purposes. The project involves a land parcel located in Group 3, Geme Community, Dongsheng Street, Shuangliu District, Chengdu, China. The site area is 19,134.49 square meters, with a planned gross floor area of 38,268 square meters. The land is designated for Class II urban residential use. The board recognizes that China's real estate sector is no longer considered a high-growth industry. However, the board believes that despite the overall market adjustment, the domestic macroeconomic policy environment is gradually improving, with early signs of recovery in certain structural demand segments. In this context, the board considers that selectively investing in individual real estate projects with clear positioning, manageable scale, and defined exit strategies still presents viable opportunities. Specifically, rather than pursuing a broad expansion strategy, the group intends to adopt a prudent and project-specific approach, focusing on opportunities with a regional foundation, differentiated product positioning, and realistic demand assumptions. The board is confident that this disciplined strategy will enable the group to leverage its existing experience and market insights to maintain effective risk control during the current adjustment cycle and capture potential value arising from specific project opportunities due to market dislocations.